Participated · Series B · Aug 2025

Aalo Atomics is a U.S. scaleup developing next-generation nuclear reactors. The company is described in the coverage as pursuing innovative engineering and an unusually fast execution pace within the nuclear sector. The fundraise drew institutional backers including Ontario Teachers and participation from retail-access fintech Akka. Public reporting about the company in this article did not include founding year, revenue, deployment timelines, or detailed technical specifics. Akka and its CEO emphasized the broader energy challenge and positioned Aalo as a rapid player addressing that market opportunity.

Participated · Series B · Mar 2025

Equilibrium Energy builds EQ Mission Control™, a flagship software platform that unifies fragmented data and systems for power companies, independent power producers, and corporations. The platform uses a unified enterprise data model and code frameworks to enable real-time insights, granular forecasting, and dynamic decision-making support. Agentic AI and embedded AI copilots are integral to the product, intended to multiply expert capacity, speed, and strategic synthesis. EQ Mission Control™ is already applied to use cases including battery energy storage and renewables optimization to maximize performance and profitability. The company plans to deepen the platform, expand commercial offerings, and scale its reach to serve more customers. Equilibrium positions itself as a market leader in managing large, diverse, and dynamic energy portfolios. Equilibrium Energy combines AI, power‑systems fundamentals, and modern software to manage grid‑scale batteries and orchestrate network‑wide optimization of flexible resources. The company operates battery tolls and has signed offtake tolls with Ormat for two 60 MW / 120 MWh ERCOT projects and a 40 MW / 40 MWh operating battery in California, giving it 260 MW / 380 MWh of contracted tolls across ERCOT and CAISO. Equilibrium reports a 6 GW and growing battery tolling pipeline and began operating its first grid‑scale battery in Texas in 2023. In 2024 it earned more revenue per MW than any other similarly sized grid‑scale 1‑hour battery in Texas, a performance the company attributes to its software, machine‑learning techniques, and grid modeling. The company is expanding into the California market and aims to support developer and corporate partners’ deployment and sustainability goals while growing its commercial businesses. Equilibrium was founded in 2021 and is based in San Francisco. Equilibrium Energy combines deep energy expertise and technology to build a Climate Generation power company focused on accelerating society’s transition to clean energy. Its core commercial product is tolling agreements for grid-scale battery developers, offered in partnership with Hatch Renewables, which provide contractual offtake to help projects secure financing. The company describes its tolling offering as a “PPA-for-batteries.” Equilibrium operates a power volatility‑centric technology platform that leverages AI and power‑grid fundamentals to optimize battery operation in increasingly volatile markets. It recently began operating a 100 MW West Texas battery under a tolling agreement with Jupiter Power. The firm emerged from stealth with $33M in venture funding to support commercialization and deployment efforts.

Participated · Series C · Aug 2015

Founded in 2008 in Dallas, Texas, ENTOUCH offers a turnkey energy-management platform that digitizes and optimizes operations for multisite businesses in sectors such as retail, hospitality, banking, entertainment, fitness, healthcare, and senior living. The company is unique in owning its entire technology stack, allowing it to integrate heterogeneous building systems into a single cloud solution. ENTOUCH claims industry-leading deployment speed and quality, and its ENTOUCH 360 service boasts a 100 % renewal rate. Management reports another record-breaking year marked by rapid growth driven by measurable energy savings, operational efficiencies, and sustainability outcomes for customers. The new capital will be used to accelerate product development and expand go-to-market initiatives, further enhancing its client value proposition. Although specific revenue figures were not disclosed, the company highlights strong momentum and a growing customer base. ENTOUCH positions itself as a catalyst for sustainability and profitability in the built environment.

Participated · Series C · May 2015

Eos Energy Enterprises recently completed a significant recapitalization to strengthen its financial position. Although the article does not detail the company’s product line, it highlights two capital raises that together brought in roughly $1.04 billion in gross proceeds. The company issued $600 million in 1.75 % senior convertible notes due 2031, netting about $580.5 million after expenses. Concurrently, Eos executed a registered direct sale of 35.9 million common shares at $12.78 each, generating approximately $458.2 million. Management applied $200 million of the proceeds to repurchase higher-coupon 6.75 % convertible notes due 2030, while adding roughly $474 million in cash to the balance sheet. As part of the transactions, Eos granted the U.S. Department of Energy a warrant to purchase up to 570,000 shares, providing an additional potential source of future capital. These moves collectively reduce interest expense, extend maturities, and leave the company with enhanced liquidity for ongoing operations and growth initiatives.

Participated · Series B · Oct 2013

EcoFactor offers a cloud-based analytics platform that analyzes data from network-connected thermostats, weather data and consumer interactions and applies optimization algorithms to automate energy savings for consumers. Its services are sold to consumers through channel partners including Comcast, Reliant Energy, NV Energy and Sacramento Municipal Utility District. The company is led by CEO Roy Johnson and is based in Redwood City, California. EcoFactor closed a $10M Series B financing to support its operations. The company intends to use the funds to develop new services, enhance its home energy service and expand its engineering and sales staff. No operating metrics were disclosed in the article. EcoFactor, founded in 2006 and led by CEO Roy Johnson, offers a cloud-based platform that uses data analytics and algorithms to enable service providers to deploy and support intelligent, automated home energy management services. The platform is targeted at broadband providers, utilities and HVAC service companies and is designed to be operated at scale. The company reports it is running large-scale implementations and pilot programs across North America. The product emphasizes automated home energy management enabled by analytics-driven controls. Financially, EcoFactor recently closed new venture funding, signaling continued investor support for its deployments and growth plans. EcoFactor builds software that automates two-way thermostats to maintain user comfort while reducing energy use. The software learns user preferences during installation, combines that data with weather, square footage, peak pricing and timing, and adjusts temperatures by small increments throughout the day. The company says users can save as much as 30 percent on their electric bills without changing behavior. EcoFactor launched in November and entered a partnership with Texan utility Oncor to pilot distribution across Oncor’s territory. The Redwood City, Calif. software company is scouting partnerships with wireless providers like Verizon and Comcast to offer more holistic home energy management solutions. Financially, it has raised capital in the single-digit millions, including an initial $2.4M and a recent total of $5.9M for the current round. EcoFactor provides a SaaS-based residential energy management solution that integrates with two-way communicating thermostats and a broadband Internet connection. Its service develops a dynamic, customized heating and cooling strategy for homeowners. The company reports the solution can save homeowners an average of 20–30% on HVAC energy spend without loss of comfort or control. The $2.4M financing announced will enable EcoFactor to accelerate commercial deployment of its service. In conjunction with the round, Nat Goldhaber of Claremont Creek Ventures joined EcoFactor’s board.